Big tech and Bitcoin mining fuel nuclear power renaissance
From tradersunion.com
Nuclear power in the United States has once again come into focus. According to TheEnergyMag, instead of relying exclusively on renewable energy sources to offset emissions, major technology companies are now supporting entire nuclear power plants to secure round-the-clock, carbon-free electricity supply. If we look at the so-called “Magnificent Seven,” it turns out that four to five of these companies have long-term contracts for electricity generated by nuclear power plants or are investing in venture projects focused on nuclear fusion—often both. Microsoft has signed a 20-year agreement to purchase electricity ...
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